{"id":96487,"date":"2025-04-29T00:00:00","date_gmt":"2025-04-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/04\/29\/neom-reportedly-under-comprehensive-review-led-by-acting-ceo\/"},"modified":"2025-04-29T00:00:00","modified_gmt":"2025-04-29T00:00:00","slug":"neom-reportedly-under-comprehensive-review-led-by-acting-ceo","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/04\/29\/neom-reportedly-under-comprehensive-review-led-by-acting-ceo\/","title":{"rendered":"Neom reportedly under \u201ccomprehensive review\u201d led by acting CEO"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning. <\/strong>We\u2019re almost saying goodbye to April, and business is starting to pick up steam with updates in the Energy and debt markets.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This morning's top stories<\/strong>: Aramco's Singapore unit secured a USD 4 bn joint venture with China\u2019s Sinopec for port operations and crude oil transportation in Fujian. We also have plenty of activity in the IPO market, as Al Kuzama and Axelerated Solutions issue prospectuses for their upcoming listings on Nomu.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong>Saudi Kayan and Nice One reported their first-quarter earnings, with Kayan's net loss widening y-o-y. Let\u2019s dive in.<\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Today is th<\/strong><strong>e final day to submit feedback on the proposed amendments to <\/strong><strong>the <\/strong><strong>regulations for special purpose entities in Saudi Arabia.<\/strong> The proposal would, if passed, expand the debt and sukuk issuance options by introducing exempt placements for asset-backed and asset-linked recourse debt instruments. Find our detailed explainer <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/7b9f1758-7594-4c1d-8d94-ce72ccd32e69\/cma-seeks-public-feedback-on-amendments-to-spe-rules\" style=\"\" rel=\"noopener\">here<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- <\/strong>Clouds will gather over Riyadh and Madinah, while brisk winds sweep through Makkah. <\/p>\n<ul>\n<li>Riyadh: 40\u00b0C daytime \/ 28\u00b0C overnight cloudy<\/li>\n<li>Makkah: 49\u00b0C daytime \/ 26\u00b0C overnight windy<\/li>\n<li>Madinah: 48\u00b0C daytime \/ 26\u00b0C overnight cloudy<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">PSAs- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>An amendmen<\/strong><strong>t to th<\/strong><strong>e executive regs for the Finance Companies Control Law is up for <\/strong><strong>public consultation on <\/strong><strong><a target=\"_blank\" href=\"https:\/\/istitlaa.ncc.gov.sa\/ar\/Finance\/SAMA\/UpdateImplementingRegulationoftheFinanceComp\/Pages\/default.aspx\" style=\"\" rel=\"noopener\">Istitlaa<\/a><\/strong> <strong> until 27 May.<\/strong> The update \u2014 drafted by the Saudi Central Bank \u2014 eases licensing requirements through a reduction in the required bank guarantee from 100% to 20% of the minimum capital. It aims at raising finance companies' contribution to the GDP by enabling them to offer more financing.<\/p>\n<p class=\"tag-border-left\"> WATCH THIS SPACE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a> <\/strong><strong>Neom is un<\/strong><strong>dergoing a \u201ccompre<\/strong><strong>hensive review\u201d led by acting CEO Aiman Al Mudaifer to <\/strong><strong>reassess budgets and progress of various developments<\/strong>, particularly some tourism projects along the Red Sea, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/ed62de6a-fa99-471d-a479-58463e86e523\" style=\"\" rel=\"noopener\">Financial Times<\/a> reports, citing sources it says are in the know. While major initiatives like The Line, Oxagon, and Trojena are moving forward, parts of the broader USD 500 bn project along the Red Sea coast may be delayed or scaled back, the sources said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The review comes in at a time of \u201climited resources\u201d <\/strong>and the need to reassess priorities. \u201cIt\u2019s just general good governance. It\u2019s related to the [spending] recalibration \u2026 [to] decide what to double down on,\u201d one source told the salmon-colored publication.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>Al Mudaifer assumed the role of acting CEO <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/65ac9d65-c355-4728-b538-dc2cc2a62b4f\/nadhmi-al-nasr-leaves-neom\" style=\"\" rel=\"noopener\">in November<\/a> following the departure of longtime chief Nadhmi Al-Nasr amid growing pressure to deliver results and a reported <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/c9cd5ef0-b152-4d03-b4bc-150d17bc68d0\" style=\"\" rel=\"noopener\">recalibration of gigaprojects<\/a> in light of lower oil prices. He is set to become the permanent CEO of Neom, sources repeatedly confirmed to the FT.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a> <\/strong><strong>PIF-backed R<\/strong><strong>iyadh Air is ready to purchase<\/strong><strong> Boeing planes originally meant for Chinese <\/strong><strong>airlines<\/strong> should they be impacted by the ongoing trade war between the US and China, the airline\u2019s CEO Tony Douglas told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/riyadh-air-willing-buy-boeing-planes-cancelled-chinese-orders-ceo-says-2025-04-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a> at the Arabian Travel Market conference in Dubai. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT- <\/strong>Boeing has been facing challenges delivering planes to China due to tariffs, and Douglas offered to take the planes off Boeing\u2019s hands if necessary, stating \u201cwe\u2019ll happily take them all.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The airline already ordered planes from both Boeing and Airbus for its upcoming launch <\/strong><strong>in 4Q 2025<\/strong>, including 60 Airbus A321 jets and up to 72 Boeing 787 Dreamliners. The Kingdom\u2019s newest carrier is also aiming to double its employees to 1k over the next year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Riyadh Air received its Air Operator Certificate from the General Authority of Civil Aviation <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/3a2f35eb-e736-4818-9c65-28154b4aba0c\/%253cmark%253eriyadh-air%253c%2Fmark%253e-receives-air-operator-certificate-%2B-aramco-makes-steepest-asia-oil-price-cut-in-over-two-years\" style=\"\" rel=\"noopener\">earlier this month<\/a>. The carrier pushed back its launch to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/3a2f35eb-e736-4818-9c65-28154b4aba0c\/\" style=\"\" rel=\"noopener\">3Q 2025<\/a> from earlier this year, after facing delays in Boeing aircraft deliveries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a> <\/strong><strong>Gulf hei<\/strong><strong>rs swap business for investing:<\/strong> A new generation of wealthy Gulf families is shifting away from running traditional businesses like car dealerships and shopping malls to focus on investing, head of the Middle East for UBS Global Wealth Management Niels Zilkens told <a target=\"_blank\" href=\"https:\/\/www.semafor.com\/article\/04\/23\/2025\/swiss-banker-gulf-heirs-dont-want-to-run-the-family-business\" style=\"\" rel=\"noopener\">Semafor<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s happening? <\/strong>Many young heirs are coming back from overseas with finance degrees, and prefer to manage investments \u2014 especially in private equity and real estate. This shift is pushing some family-run companies to consider private sales or mergers instead of stock market listings to free up liquidity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why is this important?<\/strong> Family-owned businesses make up nearly 60% of private companies in the Kingdom and 90% in the UAE. These businesses are part of tns of dollars in assets held by the Boomer generation, expected to change hands globally over the next two decades as part of \"the great wealth transfer.\"<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DATA POINTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong>The Small <\/strong><strong>and Medium Enterprises Loan Guarantee Program (Kafalah) provided SAR 3.4 <\/strong><strong>bn in loan guarantees to more than 1.6k <\/strong><strong>SMEs<\/strong><strong> in 1Q 2025<\/strong>, up 17% y-o-y, according to <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2306832\" style=\"\" rel=\"noopener\">state news agency SPA<\/a>. In total, Kafalah issued 1.9k loan guarantees which backed over SAR 4.8 bn in loans, up 19% y-o-y.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>These figures bring the total number of guarantees issued by the program since its <\/strong><strong>launch in 2006 to<\/strong><strong> 67.7k<\/strong>, with a value of SAR 82 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>The Real <\/strong><strong>Estate General Authority (Rega) reported a 97% y-o-y increase in the<\/strong> <strong>number of documented real estate brokerage contracts during 1Q 2025<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/rega.gov.sa\/en\/media-center\/news\/%D9%87%D9%8A%D8%A6%D8%A9-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1-97-%D9%86%D8%B3%D8%A8%D8%A9-%D9%86%D9%85%D9%88-%D8%B9%D9%82%D9%88%D8%AF-%D8%A7%D9%84%D9%88%D8%B3%D8%A7%D8%B7%D8%A9-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1%D9%8A%D8%A9-%D8%AE%D9%84%D8%A7%D9%84-%D8%A7%D9%84%D8%B1%D8%A8%D8%B9-%D8%A7%D9%84%D8%A3%D9%88%D9%84-%D9%85%D9%86-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-2025%D9%85\/\" style=\"\" rel=\"noopener\">statement<\/a>. Over 96k contracts were completed in the first quarter of the year, averaging 44 contracts per hour, or 1k per day, and bringing the total number of contracts to more than 1.4 mn since the system\u2019s launch.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">SPORTS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Clubs sweep into AFC semifinals: <\/strong>Three Saudi clubs \u2014 Al Hilal, Al Ahli, and Al Nassr \u2014 advanced to the AFC Champions League semifinals <a target=\"_blank\" href=\"https:\/\/aawsat.com\/%D8%A7%D9%84%D8%B1%D9%8A%D8%A7%D8%B6%D8%A9\/%D8%B1%D9%8A%D8%A7%D8%B6%D8%A9-%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9\/5137042-%D8%A7%D9%84%D9%86%D8%AE%D8%A8%D8%A9-%D8%A7%D9%84%D8%A2%D8%B3%D9%8A%D9%88%D9%8A-%D8%AA%D8%A3%D9%87%D9%84-%D8%AB%D9%84%D8%A7%D8%AB%D9%8A-%D8%B3%D8%B9%D9%88%D8%AF%D9%8A-%D8%BA%D9%8A%D8%B1-%D9%85%D8%B3%D8%A8%D9%88%D9%82-%D8%A5%D9%84%D9%89-%D9%86%D8%B5%D9%81-%D8%A7%D9%84%D9%86%D9%87%D8%A7%D8%A6%D9%8A\" style=\"\" rel=\"noopener\">for the first time<\/a> in the championship\u2019s history. In the first fixture, Al Hilal thrashed Guangzhou FC, scoring 7 goals. The second fixture saw Al Malaki overrun Buriram United with a 3-goal gust in 30 minutes during the first half, while Yokohama Marinos fell to Al Alami with 4 goals to 1.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>Al Hilal will measure against Al Ahli today at 7:30pm, while Al Nassr will face Kawasaki Frontale tomorrow. The winners will advance to the AFC Champions League final set for 3 May.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Canelo Alvarez and William Scull clash for the undisputed super middleweight title <\/strong><strong>at the <\/strong><strong>ANB Arena on Saturday, 3 May, in Riyadh.<\/strong> The Mexican boxer will defend his WBA, WBC, and WBO super middleweight titles against the IBF champion.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The fight is part of a busy boxing weekend to celebrate Cinco de Mayo<\/strong>, that will see Jaime Munguia face Bruno Surace, Martin Bakole butt heads with Efe Ajagba, and Badou Jack play against Ryan Rozicki.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"ksa\/en\/user\/NewsLetters\" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>You\u2019re reading EnterpriseAM Saudi<\/strong>, your essential daily roundup of business, economics, and must-read news about Saudi, delivered straight to your inbox. We\u2019re out Sunday through Thursday by 7am Riyadh time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Saudi is available without charge <\/strong>thanks to the generous support of our friends at Tas\u2019heel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\" rel=\"noopener\">saudi@enterpriseAM.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">the UAE<\/a>, the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> and  <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a>  industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM Saudi delivered every weekday.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a busy day in the foreign press this morning<\/strong> with Canada electing incumbent Prime Minister Mark Carney to stay on as PM, a mysterious power outage hits Spain and Portugal, and US President Donald Trump moves to alleviate some of the pressure of tariffs on automakers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Former central bank governor and incumbent prime minister Mark Carney is projected to form a new government <\/strong>after one of the most consequential elections in Canadian history, as the country faces uncertainty from Trump\u2019s tariffs and threats of annexation. <strong>The question: Will it be a minority or majority government? <\/strong>Either way, it would be the Liberals\u2019 fourth consecutive term in office, a political turnaround that was unthinkable just a few months ago when former Prime Minister Justin Trudeau led the party. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/live-blog\/2025-04-28\/canada-election-results-live-updates?srnd=homepage-middle-east&embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/americas\/canadians-vote-election-dominated-by-concerns-about-trump-2025-04-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/live\/cr5d13e4r2rt\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/live\/canada-election-updates-results\" style=\"\" rel=\"noopener\">AP<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the latest tariff-related news<\/strong>, Trump has eased some of the levies on auto parts for domestically manufactured cars, and prevented duties on foreign-made cars from stacking on top of other tariffs like those on steel and aluminum. (<a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/autos\/trump-tariffs-autos-exceptions-fc634efd?mod=hp_lead_pos1\" style=\"\" rel=\"noopener\">WSJ<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Across the pond, Spain declared a state of emergency after a power outage across the Iberian peninsula left tens of mns without power for hours.<\/strong> Half of the country has seen power restored, with Spanish Prime Minister Pedro S\u00e1nchez saying he aims to restore power across the country today. There is no clear cause for the outage, though Portugal has blamed it on extreme temperature variations. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/d790af03-8681-432d-88c8-ed7e980fcf85\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/apr\/28\/power-begins-to-return-to-iberian-peninsula-after-unprecedented-blackout\" style=\"\" rel=\"noopener\">Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/large-parts-spain-portugal-hit-by-power-outage-2025-04-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> CIRCLE YOUR CALENDAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/isocarp.org\/61st-isocarp-world-planning-congress\/\" style=\"\" rel=\"noopener\">ISOCARP World Planning Congress<\/a><\/strong><strong> will take place between 1-4 December in Riyadh<\/strong>, following an agreement signed between Riyadh Municipality and the International Society of City and Regional Planners (ISOCARP). The event will highlight Riyadh\u2019s urban transformation, offering a series of conferences, workshops, and meetings that will gather experts from more than 90 countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS: Riyadh Air willing to purchase Boeing planes originally meant for China<\/p>\n","protected":false},"author":1,"featured_media":96488,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2540],"tags":[10,100,9],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-96487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam-ksa","tag-neom","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"12e0076f-2c22-49ca-872f-b1d2c0a1c8d1","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/11\/1318.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: Neom reportedly under \u201ccomprehensive review\u201d led by acting CEO","related_issue":[96485],"teaser":"PLUS: Riyadh Air willing to purchase Boeing planes originally meant for China","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.241b77eb-da9c-49db-a9da-b945bb563f4d.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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